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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (48134)6/19/2001 12:32:29 AM
From: StanX Long  Read Replies (1) | Respond to of 70976
 
Thanks for the great charts.

Stan



To: Gottfried who wrote (48134)6/19/2001 12:45:59 AM
From: robert b furman  Read Replies (1) | Respond to of 70976
 
Hi Gottfried,

I've got to hand it to you - you are a great asset to this thread.

As I see it, we need to figure out if we're in an october of 98 nasty new low situation or a september of 96 cosolidation and hold onto a little of our gains.

Either way we need to be patient - add to on vix spikes ( october 98 scenario) or add some where in here- sept 96 . I'm thinking do it in waves. I'm watching amat and nvls as bellweathers. I think they've done very well - heck 3 months ago Nvls dropped 8-10 points in 3 trading days- I think institutional buying and short covering has propped us up. I don't expect new lows - I do expect it to look like new lows are coming and then I expect quick and fast support. JMHO

What's your take??

Thanks for the clarity and help

Bob